Buy a Multi-Family Property

Seven Unit Building in Durham - REDUCED

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$119,900.00

This listing is sold "AS IS"

Address

1711 Gunter Street
Durham, NC 27707

Overview

This building features seven, one-bedroom units in a simple and low-maintance design. It offers a great opportunity to add value for the hands-on investor who can make cosmetic improvements and rent the vacant units.

  • Seven units, all one-bedroom
  • Vinyl siding, all electric systems
  • Located one block from Lakewood Shopping Center and the bus line

Link to Tax Records


Unit Information

UnitSizeTypeLeaseRent
1 450 SF 1 BD/1 BA 1/31/11 $350
2 450 SF 1 BD/1 BA VACANT $300 MKT
3 450 SF 1 BD/1 BA 12/15/10 $300
4 450 SF 1 BD/1 BA M-M $300
5 450 SF 1 BD/1 BA 10/31/10 $350
6 450 SF 1 BD/1 BA 1/31/11 $350
7 450 SF 1 BD/1 BA 1/31/11 $350
TOTAL 3,190 SF $2,300

Property Information

PIN
0821-14-24-5922
Tax Value
$144,862
Taxes
$1,808.02
Lot Size
.30 ACRES
Year Built
1984
Exterior
VINYL
Floors
CARPET, VINYL
Foundation
SLAB
HVAC
THRU-WALL HEAT PUMP (HOTEL-STYLE UNITS)
Owner Financing
NONE
Utilities
SEPARATE METERS, OWNER PAYS FOR DUMPSTER (APRX. $120/MO)
Appliances
RANGE, REFRIGERATOR IN OCCUPIED UNITS ONLY
Legal Description
1711 GUNTER ST 59 REVISE
Zoning
RS-M